Media Release: North-east firm announces CFO appointment

Picture 1 -Colin and Brian 2

A LEADING North-east marine equipment specialist has strengthened its management team with two key appointments to drive forward its global expansion plans for 2015.

Motive Offshore Group has appointed Colin Murray, who previously worked as head of finance to the new role of CFO, and Brian Montgomery joins the firm as finance manager.

The group, which is headquartered in Boyndie, near Banff, in Aberdeenshire, has continued to expand its presence both in the UK and internationally since launching in 2010, and now has two additional facilities in Aberdeen city centre and Stavanger in Norway, to strengthen its services.

Mr Murray, who has worked with Motive for the past year-and-a-half, will now join the board of directors, and will be focused on strengthening the company’s financial and business investment strategies to support the firm’s growth ambitions.

Mr Montgomery brings more than 20 years of experience, previously holding various financial roles for a number of global oil and gas firms and will be responsible for implementing and devising financial processes to deliver efficiencies and support overall expansion of the business worldwide.

Chief executive officer of Motive Offshore Group, James Gregg, said: “Both Colin and Brian have considerable financial experience combined with in-depth knowledge and technical understanding of the oil and gas industry, which will prove invaluable to the company as it continues to develop and grow.

“Their appointments come at a pivotal time for the Motive Offshore Group and their expertise will play an integral role as we target further expansion worldwide.”

Chief financial officer of Motive Offshore Group, Colin Murray, said: “Motive has experienced rapid growth since its inception five years ago and it is great to be part of a firm with ambitious global expansion plans for the years ahead.

“I am also delighted to be joining the board, where I have the opportunity to use skills that I have developed over the last 20 years and assist with decision making to take the company to the next level.”

Motive Offshore Group, which specialises in high capacity winches, umbilical deployment equipment and specialised subsea equipment, has significantly invested in its equipment range over the last two years and has recently strengthened its brand image to align the business elements across all divisions.

The group now employs over 100 members of staff across its three locations and has future plans for additional staff and further investment in rental equipment.

Issued by Frasermedia Ltd on behalf of Motive Offshore Services Ltd.

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